Purchase Receipt

Excise Duty Management  •  Article  •  4/29/2023  • 

Item Ledger Entry

PostingCost Amount (Expected)Cost Amount (Actual)Purchase Amount (Expected)Purchase Amount (Actual)Excise Amount (Interim)Excise Amount
Purchase Receipt7,48 7,48 -2,02

Value Entry

PostingCost Amount (Expected)Cost Amount (Actual)Purchase Amount (Expected)Purchase Amount (Actual)Excise Amount (Interim)Excise AmountExcise
Direct Cost7,48 7,48 False
Indirect Cost -2,02 True

General Ledger Entries

G/L AccountDebitCredit
Inventory Account (Interim)7,48
Invt. Accrual Acc. (Interim) 7,48
To Reclaim Account2,02
To Reclaim Account (Interim) 2,02